$2,500,000
PENDING

5470 Maple Heights Rd Excelsior, MN 55331

Estimated payment $15,372/month

Total Views 6,893
0.37 Acre
$6,756,757 Price per Acre
16,117 Sq Ft Lot

Highlights

  • 90 Feet of Waterfront
  • Beach Access
  • No HOA
  • Excelsior Elementary School Rated A
  • Lake View

About This Lot

Exceptional opportunity to build your dream home on the shores of Lake Minnetonka! Located on the highly sought-after St. Albans Bay, west facing 90-foot lakeshore property offers expansive sunset views and excellent shoreline for boating, dockage, and lake recreation. Nestled at the end of a quiet street just minutes from Excelsior, this rare close-in location combines the tranquility of lake life with convenient access to shopping, dining, and amenities. The value is in the land. Current home likely a teardown or major remodel needed - making this the perfect location for your custom lakefront estate. The building site is 90 feet on the lake and 90 feet at the construction setback and building site. This allows for a 60-foot-wide home with western lake views from almost every room. The site is 15933 sq ft. Hard cover is 30% or 4780sq ft. The current house is 2446 Sq ft.

Listing Agent

Zinn Family Realtors

Coldwell Banker Realty Brokerage Phone: 612-251-7777 Listed on: 06/19/2025

Coldwell Banker Realty

Co-Listing Agent

Max Zinn

Coldwell Banker Realty Brokerage Phone: 612-251-7777

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,778

Lot Details

  • 90 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Finished Lot(s)

Property Views

  • Lake Views

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$18,778

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • Water Body Name: Minnetonka
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets
  • Attribution Contact: 612-251-7777
  • Attribution Contact: 612-251-7777
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Dock

Exterior Features

  • View: Bay, City Lights, Panoramic, West
  • Other Structures: Storage Shed
  • Lake Acres: 14205
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 90

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Private Well Connected, Sewer Connected, Electricity Available, Natural Gas Available, Private Well Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Minnetonka
  • SchoolDistrictNumber: 276
  • SchoolDistrictPhone: 952-401-5000

Lot Info

  • Topography: Level
  • Waterfront YN: Yes
  • Lot Size: APPROX 91L X170
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: Unknown
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: TBD
  • Tax Annual Amount: 18778
  • TaxWithAssessments: 18778.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $18,200 $1,626,700 $1,606,700 $20,000
2022 $14,588 $1,559,000 $1,539,000 $20,000
2021 $14,877 $1,168,000 $1,148,000 $20,000
2020 $14,200 $1,168,000 $1,148,000 $20,000
2019 $13,106 $1,067,000 $1,047,000 $20,000
2018 $13,175 $970,000 $950,000 $20,000
2017 $12,255 $894,000 $874,000 $20,000
2016 $10,822 $777,000 $727,000 $50,000
2015 $11,548 $828,000 $778,000 $50,000
2014 -- $760,000 $710,000 $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $2,500,000 -- --
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6736729

NorthstarMLS

APN: 26-117-23-44-0053